Worth reading
53Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
6717
¥ millionWording
Avoiding a definitive answer
How definitive the wording is.This transaction
Dissolution and liquidation (policy) of a consolidated subsidiaryDisclosing companyASICS Corporation
Date of board resolution14 August 2026
Execution Date / Effective DateDissolution and liquidation procedures will be initiated under Japanese laws and regulations, and the liquidation is expected to be completed once the necessary procedures have been completed.
Target company
Domestic and overseas sales of sports shoes and general footwear
Location Suma-ku, Kobe, Hyogo PrefectureShare capital ¥450 millionDate of incorporation 24 January 1955
Net Sales¥77,440 million (fiscal year ended December 2025)
Operating profit¥5,885 million (fiscal year ended December 2025)
Net income for the current fiscal year¥4,315 million (fiscal year ended December 2025)
Net assets¥28,155 million (fiscal year ended December 2025)
Consideration and expenses
Expenses other than the acquisition priceCareer transition assistance costs and other expenses: ¥6,717 million, among others
Amount of extraordinary income (loss)Extraordinary loss comprising career transition assistance costs and other expenses of ¥6,717 million, among others (consolidated results for the second quarter of the fiscal year ending December 2026)
Impact on Business Performance
An extraordinary loss was recorded in the consolidated results for the second quarter of the fiscal year ending December 2026. The consolidated earnings forecast for the current fiscal year includes expenses associated with the transfer and termination of the business, while the gains and losses to be incurred through completion of the liquidation are still being examined. The consolidated earnings forecast will be revised if necessary.
Procedures and assumptions
Conditions Precedent to ExecutionCompletion of the dissolution and liquidation procedures under Japanese laws and regulations and the necessary procedures
Management structure after acquisitionAll businesses and operations will be transferred to ASICS Corporation or アシックスジャパン株式会社, after which the operations of アシックス商事株式会社 will be terminated and the company will be dissolved and liquidated. No information is provided regarding the treatment of the representative or employees.
| Item | Details |
|---|---|
| Transaction name | Dissolution and liquidation (policy) of a consolidated subsidiary |
| Name of the Subject Company | アシックス商事株式会社 |
| Business Description of the Subject Company | Domestic and overseas sales of sports shoes and general footwear |
| Location of the Subject Company | Suma-ku, Kobe, Hyogo Prefecture |
| Capital Stock of the Subject Company | ¥450 million |
| Date of Establishment of the Subject Company | 24 January 1955 |
| Net Sales of the Subject Company | ¥77,440 million (fiscal year ended December 2025) |
| Operating Profit of the Subject Company | ¥5,885 million (fiscal year ended December 2025) |
| Net Income of the Subject Company | ¥4,315 million (fiscal year ended December 2025) |
| Net Assets of the Subject Company | ¥28,155 million (fiscal year ended December 2025) |
| Expenses other than the acquisition price | Career transition assistance costs and other expenses: ¥6,717 million, among others |
| Voting rights ownership percentage | Before 100% (after not disclosed) |
| Amount of extraordinary income (loss) | Extraordinary loss comprising career transition assistance costs and other expenses of ¥6,717 million, among others (consolidated results for the second quarter of the fiscal year ending December 2026) |
| Impact on Business Performance | An extraordinary loss was recorded in the consolidated results for the second quarter of the fiscal year ending December 2026. The consolidated earnings forecast for the current fiscal year includes expenses associated with the transfer and termination of the business, while the gains and losses to be incurred through completion of the liquidation are still being examined. The consolidated earnings forecast will be revised if necessary. |
| Date of board resolution | 14 August 2026 |
| Execution Date / Effective Date | Dissolution and liquidation procedures will be initiated under Japanese laws and regulations, and the liquidation is expected to be completed once the necessary procedures have been completed. |
| Conditions Precedent to Execution | Completion of the dissolution and liquidation procedures under Japanese laws and regulations and the necessary procedures |
| Management structure after acquisition | All businesses and operations will be transferred to ASICS Corporation or アシックスジャパン株式会社, after which the operations of アシックス商事株式会社 will be terminated and the company will be dissolved and liquidated. No information is provided regarding the treatment of the representative or employees. |
Items this document does not state (14)
Counterparty nameAcquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountContract DateValuation methodologyIndependent valuation institutionSpecial Committee
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.All businesses and operations of アシックス商事株式会社 will be transferred to accelerate the global growth of the walking business and implement a consistent walking strategy as a brand.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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